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View Full Version : Hungary Raises Key Interest Rate to Shield Forint From Junk Credit Grade - Bloomberg



NewsWhore
11-29-2011, 08:10 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGkOZAte_d3Jm1DVGFcrjTC2pNj2g&url=http://www.bloomberg.com/news/2011-11-29/hungary-raises-interest-rates-to-shield-forint-from-debt-downgrade-to-junk.html)
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Hungary Raises Key Interest Rate to Shield Forint From Junk Credit Grade (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGkOZAte_d3Jm1DVGFcrjTC2pNj2g&url=http://www.bloomberg.com/news/2011-11-29/hungary-raises-interest-rates-to-shield-forint-from-debt-downgrade-to-junk.html)
Bloomberg
That tipped the scale for policy makers, who have balanced shielding the currency against slowing economic growth. “Clearly the Monetary Council is suitably worried over the pressure on the forint and feels the need to send a stronger signal to the ...

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